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Krecioch

AU inching lower for short

Dollar Australia / Dollar AS (FX:AUDUSD)  
Krecioch Diupdate   
FX:AUDUSD   Dollar Australia / Dollar AS
Trend Analysis Chart Patterns Beyond Technical Analysis AU AUDUSD short Bearish Patterns Gold pricerange
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trendanalysis chartpattern beyondta au audusd short bearish gold pricerange
AUD/USD has been under selling pressure - and with spot price of gold falling and AIG Performance of Services Index for April coming up in the Asian session.

*still only learning, would appreciate any input - thanks and good luck!

- Krecioch
Komentar:
NFA Report helped bring AU up to resistance at .70250

Focus now goes to RBA set to come out early Tuesday..
I'm expecting pressure to be on as there are talks of two possible rate cuts ahead.

If benchmark rate remains ( 1.5% ) Aussie should see a temp rise amid negative data.

Ide yang Berhubungan

Krecioch
AU: Holding Neutral ahead of RBA Decision
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